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Monday, November 25, 2024

Latest news: Weekly market wrap

Strong auction clearance rates continue: Weekly market wrap with Sam Dodimead

For some, strong auction clearance rates and the current growth cycle is putting their dream of owning a property further out of reach.

Buying off-plan in a rising market: Weekly market wrap with Sam Dodimead

Rising markets bring out the best intentions from people who consider buying off-plan as an aspirational way of achieving their next life goal.

Canberra’s clearance rate remains on top: Weekly market wrap with Sam Dodimead

CoreLogic data for the week ending 9 May reported the second highest number of properties auctioned this year.

Buyers turn to unit market: Weekly market wrap with Sam Dodimead

Data from CoreLogic found values of Canberra houses increased by 2.1% and unit values increased by 1.2% during April.

Long weekend results: Weekly market wrap with Sam Dodimead

The Anzac Day long weekend proved no deterrent to sales results at auctions across Canberra.

Looking for value: Weekly market wrap with Sam Dodimead

Looking for value from Canberra’s property market has become an extremely difficult task.

Looking back: Weekly market wrap with Sam Dodimead

Looking back: one year on since ‘doomsday’ predictions Reflecting on where we were 12 months ago, market conditions in Canberra are nothing short of extraordinary. This time last year, concerns about the property...

Finding value: Weekly market wrap with Sam Dodimead

For those looking to purchase a property, it has become incredibly difficult to find great value options due to rapidly increasing prices.

Median house price: Weekly market wrap with Sam Dodimead

A median house price exceeding $1,000,000 in Canberra appears to be a forgone conclusion, with the only debatable point being when.

No respite for those looking to enter the property market: Weekly market wrap with Sam Dodimead

No respite for those looking to enter the property market 2021 has failed to provide any respite for those seeking to buy property. Persistently high preliminary auction clearance rates reported as 91.53% by...

Canberrans in an ‘enviable’ position: Weekly market wrap with Sam Dodimead

After high auction clearance rates, the CoreLogic Hedonic Home Value Index results reported property values in Canberra increased by 1.9% during February.

The changing face of real estate: Weekly market wrap with Sam Dodimead

The changing face of real estate. Since the invention smart phones, social media and the internet have become entrenched in our lives.

More positive auction results: Weekly market wrap with Sam Dodimead

Strong auction results during the week ending 14 February saw CoreLogic report a preliminary auction clearance rate of 91.23% for Canberra.

Increased buyer demand: Weekly market wrap with Sam Dodimead

In January 2021, stock levels tightened significantly, increasing pressure for buyers to act decisively.

Strong start to the year: Weekly market wrap with Sam Dodimead

On Saturday 30 January, Canberra recorded the highest capital city preliminary auction clearance rate nationally at 84.4%.

Multi-unit dwellings: Weekly market wrap with Sam Dodimead

According to CoreLogic’s Housing Index, Canberra multi-unit dwellings increased in value by 4.09% in 2020.

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